Comments on: USD/JPY drifting lower in fairly listless trade https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/ The Professional Source Thu, 31 Jan 2013 08:09:32 +0000 hourly 1 By: rahul https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15435 Thu, 31 Jan 2013 08:09:32 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15435 i would rather wrestle bears for a living than short yen pairs, sean!!..exited after the dismal reaction to the us gdp.if thats not gonna pull it down nothing will!!..
a pair that doesnt fall to bad news is very very strong indeed.No one wants to take profits.

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By: Sean Lee https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15430 Thu, 31 Jan 2013 07:03:40 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15430 That’s the same transition I had to make. After about 17 years as a daytrader I simply didn’t have the energy anymore so needed to re-invent myself as a more medium term swing trader and position builder. Still hard work but different

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By: Marco https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15429 Thu, 31 Jan 2013 06:59:38 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15429 Thanks Sean for the advice. I will take note of the AUD

Just seen the USD CHF bouncing off the suggested support around 9090. This is an interesting plan of your to build this currency.

I am a day trader but now am slowly finding the swing and position trades more easier to handle.

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By: Sean Lee https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15420 Thu, 31 Jan 2013 05:33:47 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15420 Btw Marco, when you are trading one pair well and successfully, concentrate on that one and don’t waste energy and resources elsewhere.

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By: Nachiket https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15415 Thu, 31 Jan 2013 04:47:40 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15415 Yes even I’m long at 0.9224 but it is falling continously since morning. no rebound whatsoever

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By: Sean Lee https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15414 Thu, 31 Jan 2013 04:40:01 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15414 Not sure on CHF Marco, I’m not as confident as I was a few days ago. I’m, long since yesterday at 9215 so will wait and see what happens at next support near 9080

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By: Nachiket https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15412 Thu, 31 Jan 2013 04:37:10 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15412 the recent aussie fall has been on a S&P report that investment cycle may reverse if china slows down. now if is a very imp word and markets tanks the aussie on basis of this not so sure report. sounds crazy rite

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By: Nachiket https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15411 Thu, 31 Jan 2013 04:36:02 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15411 well all of you who think aussie will go down are going to be trapped tomorrow again when china comes out with its PMI data

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By: Marco https://fxww.com/usdjpy-drifting-lower-in-fairly-listless-trade/#comment-15410 Thu, 31 Jan 2013 03:35:38 +0000 http://fxww.dreamhosters.com/?p=5039#comment-15410 I took profit on the AUD so thank you Sean for the information. Hope to sell again in the future, if it heads back.

I don’t understand the USDCHF though, is this just end of month squaring, or is it a new flow into CHF? I’m going to long again.

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